Market lot has been adjusted to 925 from Rights Ex date(17th). Now u can sell only 925 of your 1600 and u r bound to buy the rights issue if u have to sell your remaining 675 shares. So they have increased the price and fixed for rights issue since everyone wants whole lot.
What kind of RI is this, where a co make its share holder to bounding to buy its share higher than the market price. For 125sh @ 167/- the amount comes - 20875/-
If in any case, a share holder dont have this much money / not interested in applying the RI, than how he / she can sell its shares. Is it company will help in selling????
Only way to sell your odd no.of shares if not participating in rights issue is to wait for further reduction in lot size(on appreciation of price)or migration of the share to main board in future
144. SSingh| Link| Bookmark|
January 24, 2023 4:59:16 PM
IPO Guru (1400+ Posts, 800+ Likes)
Allotment should be out 8-9PM (office closure time of Linkintime) .. ‘Money debited’ messages might start coming around that time from ICICI etc. Axis, RBL to kal he bhejenge messages morning me.. 😂😂 Please be a little more patient.. All the best to everyone! 👍👍
SME experts, A) Can anyone please suggest when the market lot sizes are reduced and if there’s any specific criteria that’s followed? B) is there any news/ information on any upcoming lot size reduction? Thanks in advance 🙏
A) When the market lot reduced???? Have been trying to find out same for long but couldn't succeed. Take the example of EKI 102/- with lot size of 1200 - listed on 7 Apr 21. First time the market lot was changed on 01 Nov 21 from 1200 to 50 when the price was 3223/- Where as FROG market lot changed from 1200 to 400 within two months when price was hardly doubled. So couldn't find any logic.... B) Both NSE Emerge and BSE SME post if there is any market lot change going to be there in upcoming days.
138.2. Kapz| Link| Bookmark|
January 24, 2023 6:14:55 AM
IPO Mentor (600+ Posts, 300+ Likes)
I'm not sure but I think this has something to do with the Promotors' choice. If they request NSE/BSE, fulfilling certain bare minimum criteria, then lot size changes, else not.
True Alle and vital have same pattern.Holding alle tech from ipo price and hoping for turnaround..Also planning to buy Vital as it has consolidated alot at 120-125..
Read report on Microsoft company, AllE will make big move after result. Microsoft's Azure business is going good. AllE is proxy play to microsoft's cloud business. (Disclaimer- Holding 1 lot for long. Not suggesting anyone to sell or buy. Just some insight for people holding this). Vital is in commodity chemical, it will grow linear and not exponential. (Not holding any lot in vital). Thanks.
131.1. KAPPO| Link| Bookmark|
January 22, 2023 5:54:52 AM
IPO Guru (1100+ Posts, 800+ Likes)
@SSingh Bhav thoda kam likha hai Thodi aur gunjaish hai isme
But thnx for sharing or rate updation
131.2. SSingh| Link| Bookmark|
January 22, 2023 10:26:24 AM
IPO Guru (1400+ Posts, 800+ Likes)
I don’t trade in grey bhai. Shared whatever I got to know. Chances of errors are always there as it varies from cities to cities and brokers to brokers 😊
131.3. KAPPO| Link| Bookmark|
January 22, 2023 10:36:14 AM
IPO Guru (1100+ Posts, 800+ Likes)
Sorry bhai agar apko kuch bura laga ho toh
Par mera kehne ka matlab kuch aur tha ki premium isse upper chal raha hai aur aap thoda sa jyada effort lagao aur kuch nahi
Aur ha aap premium likhte ho yaha par iske liye dhanyavad kyuki yaha par mere jaise samnya vyakti ko gmp ka updation milta rahe
Thnq sir
131.4. SSingh| Link| Bookmark|
January 22, 2023 12:29:49 PM
IPO Guru (1400+ Posts, 800+ Likes)
@AAvi...i m holding one lot of Varanium from ipo ...dont know much about result...should i keep holding....also if any news regarding Cool Caps...that also holding one lot...two lots already sold in Cool Caps n booked good profit....
@AAvi, Congrats 🎉 to you and the other owners of varanium (apple🍎 in our terms) in CG forum. Hope you are holding the allotments still or bought later.
@Mravichandran...yes congrats to you also as you are also holding a number of lots of Varanium( i follow your posts )...i m also holding on to my one lot...can u guide on Cool Caps n Maruti Interior..these also i m holding...both have given good returns..
@ MRavi Sir Holding IPO allotment. Remember our past discussion on the subject. Infact your words at that time made my decision bit stronger to hold it. Though, nothing can be predicted in SME - Today's hero can be tomorrow zero. But no harm in playing as it is an IPO allotment.........
@AAvi, I still remember our discussion, which made many to buy Varanium (apple) and booked huge profits after the last QTR results.
I am happy for you and appreciate your guts at this young age to hold this far. I bought 2000 shares of apple at a price of 1526 (like a casino bet). The current price suppose to go up with this block buster results (or upto the EGM). Only God knows that if this is practically possible and the results / future forecast are genuine.
Inspite i am always bullish on most of the shares as i do believe 'after all every dog has its day'. This one gone too far too much (Almost every day its apple's day 😂). as you said this is either hero or zero, no in between. take care
Results are excellent probably next eki. I got scared when it hit 700 itself and sold, anyways all the best for those who holding.
Virtuoso is good stock but now all Dcx,syrma,Elin etc came at similar valuation so i don't see any growth in short term. i was allotted one lot and sold it.
@Kappo, MRavi, Lokesh, Avenue, Monster zero and other experts.. Any views on USA seeds? Any further legs to go… even elder sibling Bombay Hybrid seeds has turned into LCs now after several months of consecutive UCs. Any views greatly appreciated 🙏
@kapz, USA seeds - Sold after few days of results, which was poor, for my money allocation, thinking will buy back after few months. Gone up too much now. Not sure about the other company you mentioned. But USA seeds either under operator control or informed sources bought due to company future prospects. I may suggest to hold on until next results in March
@MRavi ji, thanks for your views. Agree it seems to have gone up too much. But if you look at it’s sister concern (Bombay Hybrid - by the same promoters), it pales in comparison as Bombay Hybrid has given 45x in just over last 2 years… that after two bonus issues in previous 2 years. Even DD sir mentioned in USA’s review that Bombay Hybrid gave handsome returns to it’s investors. As you say, financials don’t look great, it is most likely under operator’s play and that too some very strong ones. Thanks for your views, I’ll perhaps be exiting fairly soon too as it seems to have run as much as it can for now. Like you, may consider re-buying once it falls quite a bit.🙏